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News in English (USA) / 20.05.2025 / 23:00

US Stocks Retreat as S&P 500 Ends Six-Day Winning Streak

US stock markets experienced a decline today, with the S&P 500 snapping its six-day winning streak as investors took a breather amid rising Treasury yields and uncertainty surrounding potential tax cuts. The Dow and Nasdaq also fell significantly, reflecting a cautious market sentiment. Despite strong earnings from Home Depot, which has decided to keep prices steady despite tariffs, major indexes slipped as doubts about the resilience of US stocks surfaced. Meanwhile, Tesla saw a rise in its stock price after CEO Elon Musk indicated plans to reduce his political spending, contrasting with the overall market trend.
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